Chinese shipbuilding firms’ output value down 3.8 percent in Jan-Feb

Tuesday, 20 March 2018 09:50:15 (GMT+3)
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Shanghai

In the January-February period this year, the 80 medium-size and large shipbuilding enterprises in China realized an aggregate gross industrial output value of RMB 47.19 billion ($7.48 billion), down 3.8 percent year on year, according to the figures released by the China Association of the
National Shipbuilding Industry (CANSI).

In the given period, the shipbuilding enterprises in question achieved aggregate exports totaling RMB 17.0 billion ($2.7 billion) in value, down 14.0 percent year on year.

In the January-February period, the shipbuilding enterprises recorded an aggregate operating revenue of RMB 25.6 billion ($4.06 billion), down 14.9 percent, and a total gross loss of RMB 520 million ($82.4 million).